{"id":39212,"date":"2018-06-04T14:06:19","date_gmt":"2018-06-04T14:06:19","guid":{"rendered":"https:\/\/www.nahro.org\/news\/fy-2018-housing-trust-fund-allocations-announced\/"},"modified":"2018-06-04T14:06:19","modified_gmt":"2018-06-04T14:06:19","slug":"fy-2018-housing-trust-fund-allocations-announced","status":"publish","type":"news","link":"https:\/\/www.nahro.org\/news\/fy-2018-housing-trust-fund-allocations-announced\/","title":{"rendered":"FY 2018 Housing Trust Fund Allocations Announced"},"content":{"rendered":"

On June 5, HUD will allocate more than $266 million in FY 2018 formula funds<\/a> to eligible grantees of the National Housing Trust Fund (HTF) program. The HTF is a non-appropriated federal resource that complements existing Federal, State and local efforts to preserve and expand the nation\u2019s supply of affordable homes for very low-income (VLI) and extremely low-income (ELI) households, as well as families experiencing homelessness. Authorized in 2008, lawmakers sought to establish a permanent source of affordable housing funding through annual contributions from Fannie Mae and Freddie Mac (GSEs). Eight years later, the HTF was finally capitalized through its inaugural FY 2016 allocations. HTF grantees include the 50 states, District of Columbia, and five U.S. Insular Areas. Grantees may distribute funds through subgrantees (a unit of general local government or State agency) or directly fund projects proposed by eligible recipients (including PHAs), or a combination of both.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\u00a0FY 2018 Housing Trust Fund Allocations<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

State \/ Territory<\/strong><\/p>\n<\/td>\n

FY18 Allocation<\/strong><\/td>\n% Change (FY17 to FY18)<\/strong><\/td>\n<\/tr>\n
\n

California<\/p>\n<\/td>\n

\n

$36,616,277<\/p>\n<\/td>\n

\n

58%<\/p>\n<\/td>\n<\/tr>\n

\n

New York<\/p>\n<\/td>\n

\n

$22,171,681<\/p>\n<\/td>\n

\n

50%<\/p>\n<\/td>\n<\/tr>\n

\n

Texas<\/p>\n<\/td>\n

\n

$12,279,085<\/p>\n<\/td>\n

\n

39%<\/p>\n<\/td>\n<\/tr>\n

\n

Florida<\/p>\n<\/td>\n

\n

$10,442,914<\/p>\n<\/td>\n

\n

36%<\/p>\n<\/td>\n<\/tr>\n

\n

Illinois<\/p>\n<\/td>\n

\n

$9,812,230<\/p>\n<\/td>\n

\n

37%<\/p>\n<\/td>\n<\/tr>\n

\n

Pennsylvania<\/p>\n<\/td>\n

\n

$7,759,948<\/p>\n<\/td>\n

\n

32%<\/p>\n<\/td>\n<\/tr>\n

\n

New Jersey<\/p>\n<\/td>\n

\n

$7,726,903<\/p>\n<\/td>\n

\n

38%<\/p>\n<\/td>\n<\/tr>\n

\n

Ohio<\/p>\n<\/td>\n

\n

$6,971,712<\/p>\n<\/td>\n

\n

27%<\/p>\n<\/td>\n<\/tr>\n

\n

Michigan<\/p>\n<\/td>\n

\n

$6,004,558<\/p>\n<\/td>\n

\n

24%<\/p>\n<\/td>\n<\/tr>\n

\n

Massachusetts<\/p>\n<\/td>\n

\n

$5,720,333<\/p>\n<\/td>\n

\n

24%<\/p>\n<\/td>\n<\/tr>\n

\n

North Carolina<\/p>\n<\/td>\n

\n

$5,874,191<\/p>\n<\/td>\n

\n

32%<\/p>\n<\/td>\n<\/tr>\n

\n

Georgia<\/p>\n<\/td>\n

\n

$5,705,499<\/p>\n<\/td>\n

\n

29%<\/p>\n<\/td>\n<\/tr>\n

\n

Washington<\/p>\n<\/td>\n

\n

$5,197,313<\/p>\n<\/td>\n

\n

26%<\/p>\n<\/td>\n<\/tr>\n

\n

Virginia<\/p>\n<\/td>\n

\n

$4,672,562<\/p>\n<\/td>\n

\n

22%<\/p>\n<\/td>\n<\/tr>\n

\n

Wisconsin<\/p>\n<\/td>\n

\n

$4,117,505<\/p>\n<\/td>\n

\n

18%<\/p>\n<\/td>\n<\/tr>\n

\n

Indiana<\/p>\n<\/td>\n

\n

$3,937,462<\/p>\n<\/td>\n

\n

17%<\/p>\n<\/td>\n<\/tr>\n

\n

Missouri<\/p>\n<\/td>\n

\n

$3,970,270<\/p>\n<\/td>\n

\n

18%<\/p>\n<\/td>\n<\/tr>\n

\n

Arizona<\/p>\n<\/td>\n

\n

$3,997,777<\/p>\n<\/td>\n

\n

21%<\/p>\n<\/td>\n<\/tr>\n

\n

Tennessee<\/p>\n<\/td>\n

\n

$3,688,511<\/p>\n<\/td>\n

\n

17%<\/p>\n<\/td>\n<\/tr>\n

\n

Colorado<\/p>\n<\/td>\n

\n

$3,563,587<\/p>\n<\/td>\n

\n

13%<\/p>\n<\/td>\n<\/tr>\n

\n

Oregon<\/p>\n<\/td>\n

\n

$3,654,189<\/p>\n<\/td>\n

\n

16%<\/p>\n<\/td>\n<\/tr>\n

\n

Minnesota<\/p>\n<\/td>\n

\n

$3,445,781<\/p>\n<\/td>\n

\n

10%<\/p>\n<\/td>\n<\/tr>\n

\n

Maryland<\/p>\n<\/td>\n

\n

$3,578,771<\/p>\n<\/td>\n

\n

17%<\/p>\n<\/td>\n<\/tr>\n

\n

Connecticut<\/p>\n<\/td>\n

\n

$3,269,474<\/p>\n<\/td>\n

\n

9%<\/p>\n<\/td>\n<\/tr>\n

\n

Louisiana<\/p>\n<\/td>\n

\n

$3,068,829<\/p>\n<\/td>\n

\n

2%<\/p>\n<\/td>\n<\/tr>\n

\n

South Carolina<\/p>\n<\/td>\n

\n

$3,007,655<\/p>\n<\/td>\n

\n

0%<\/p>\n<\/td>\n<\/tr>\n

\n

Alabama, Alaska, Arkansas, Delaware, District Of Columbia, Hawaii, Idaho, Iowa, Kansas, Kentucky, Maine, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Oklahoma, Rhode Island, South Dakota, Utah, Vermont, West Virginia, Wyoming<\/p>\n<\/td>\n

\n

$3,000,000 (Required State Minimum)<\/p>\n<\/td>\n

<\/td>\n<\/tr>\n
\n

Puerto Rico<\/p>\n<\/td>\n

\n

$1,253,357<\/p>\n<\/td>\n

42%<\/td>\n<\/tr>\n
\n

American Samoa<\/p>\n<\/td>\n

\n

$11,995<\/p>\n<\/td>\n

\n

54%<\/p>\n<\/td>\n<\/tr>\n

\n

Guam<\/p>\n<\/td>\n

\n

$97,028<\/p>\n<\/td>\n

\n

54%<\/p>\n<\/td>\n<\/tr>\n

\n

Northern Marianas<\/p>\n<\/td>\n

\n

$53,415<\/p>\n<\/td>\n

\n

54%<\/p>\n<\/td>\n<\/tr>\n

Virgin Islands<\/td>\n\n

$104,591<\/p>\n<\/td>\n

\n

54%<\/p>\n<\/td>\n<\/tr>\n

Total<\/strong><\/td>\n$266,775,403<\/strong><\/td>\n\n

22%<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

On June 5, HUD will allocate more than $266 million in FY 2018 formula funds to eligible grantees of the National Housing Trust Fund (HTF) program. The HTF is a non-appropriated federal resource that complements existing Federal, State and local efforts to preserve and expand the nation\u2019s supply of affordable homes for very low-income (VLI) … Continue reading FY 2018 Housing Trust Fund Allocations Announced<\/span><\/a><\/p>\n","protected":false},"featured_media":0,"template":"","categories":[23,24,34,651,654],"tags":[699,343,703],"news_type":[646,113],"class_list":["post-39212","news","type-news","status-publish","hentry","category-advocacy","category-affordable-housing","category-community-development","category-federal-funding","category-redevelopment","tag-fy18","tag-housing-trust-fund","tag-htf","news_type-blog-news","news_type-direct-news"],"yoast_head":"\nFY 2018 Housing Trust Fund Allocations Announced - The National Association of Housing and Redevelopment Officials (NAHRO)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.nahro.org\/news\/fy-2018-housing-trust-fund-allocations-announced\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FY 2018 Housing Trust Fund Allocations Announced - The National Association of Housing and Redevelopment Officials (NAHRO)\" \/>\n<meta property=\"og:description\" content=\"On June 5, HUD will allocate more than $266 million in FY 2018 formula funds to eligible grantees of the National Housing Trust Fund (HTF) program. 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